Which of the Following Is the Principle Objective of a Market-

question 24

Multiple Choice

Which of the following is the principle objective of a market- oriented mission statement?

• A)to satisfy basic customer needs
• B)to satisfy basic stockholder needs
• C)to satisfy basic partnership needs
• D)to satisfy basic owner needs
• E)to satisfy basic supplier needs

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Definitions:

Dividend

A payout of a portion of a company's earnings, decided by the board of directors, to a class of its shareholders.

Treasury Stock

Treasury stock represents shares of a company's own stock that it has reacquired and holds, which do not confer voting rights or dividend payments.

Common Stock

A form of corporate equity ownership, representing a claim on a portion of a company's assets and earnings.

Retained Earnings

The portion of net income that is kept within the company rather than distributed to shareholders as dividends, often used for reinvestment.